Realtor Marketing On The Internet

okay so heres the deal, i love the concept of marketing and i’ve taken many classes on it in highschool, i did everything like DECA and any activity that had anything to do with marketing….but right now im working in a property management office and i love it! Is it possible to go to college and major in like business marketing or something so that i can have that competitive advantage or what? Im playing volleyball of course i have to go to college at least for a year. But what are your suggestions….and i know the market isnt the greatest right now but i might now be a realtor maybe do something with property management? Any thoughts suggestions would be so great!

Leslie, Always will to help a fellow DECA alum. You do not need a degree to be a Realtor, but it sure helps, High dollar houses are bought by people with college degrees and want to work with people that are just like them. You are very young GET YOUR EDUCATION. Stay in the property management office, it is a steady source of income and you are working more with service issues. Being a Realtor is pure sales. You need psych courses and many sales courses. Your real training will come with classes, however the more letters in front of your name the more credibility you will have and the more high dollar and commercial deals you will attract. Here is another tip that nobody will tell you. Go through a Real Estate book you find at the supermarket. You will find the best looking women have the most awards in front of their name, stay in shape, those are the rules, don’t complain, take advantage of them! I am going to give you some great books to read, you are hungry for information, so here you go!!! Good luck to you!!!

We have had our house on the market for almost 6 months and have only had about four showings. Those were due to my own personal marketing. Our realtor is HORRIBLE and lazy and will not do anything I ask him to do, like change little things on the website. We are stuck with him until July and I cannot do it any longer…can I get out of a contract with him or will there be penalties?

I am sorry about your issue…all I can suggest (sorry it’s not much) is to contact HIS Broker. He has someone to answer to. Also try the organization for realtors. (Sorry I can’t remember the name exactly, but google it). But my best advice is to talk to HIS broker!!!

Good luck!

One more thing, maybe you can get a new realtor involved, and explain the situation, see if they have any suggestiongs and the incentive is they get your business.

Hello!! I was licensed in one state, moved & had to become licensed here. I’ve been in "the business" since mid-March. I send out 25 weekly Open House invitations to other agent’s houses (I have none yet so I hold other’s listings OPEN), I have business cards & a website my company provides, plus I’m building my own site as we speak. I’m very creative with Desktop Publishing & have lots of ideas, but limited cash to spend. WHAT ADVERTISING or marketing would YOU respond to if you needed services or info from a Real Estate Agent?
Postcard in the mail?
Offer of a free service?
Seeing my pretty picture? (lol, it is kinda cute, though)
Seeing my logo on the back of my jacket at the movies?
Glossy ad in a local magazine or a personal newspaper ad?
Goody bag handed to you at your doorstep from me?
What? Please list the idea YOU would buy into.
Please help. I’ve got to make some money to have something to show for all my hard work & knowledge. Thanks!

I don’t uderstand why real estate and loan officers are not sent to some sort of marketing school.

My advise to you is find out if your office assign areas to work in your office if not locate an area near your real estate office or as close as you can get. The area you are seeking should have a minimum of 5000 homes. Get your title officer to give you a farm package for that area. Staples can run you off about 5000 flyers for approximately $275 or somewhere in that area. If you can afford color flyers with a pic of yourself great.

On the flyer introduce yourself as the new real estate agent for the area and that you are there to assist in any real estate matters. You should also have a little bio about yourself. You can walk this area and put out the flyers yourself or hire some local kids to put out the flyers. Pass these flyers out at least 3 months in a row. Do not place these flyers in any mail boxes, use a rubber band to attach them to the door knobs.

Now that you have established yourself as the real estate agent for this area, your 4th or 5th correspondence should be a newsletter about your services. Your professional team might also want to add a column in this newsletter explaining their services. You should also seek from the post office a bulk mailing stamp.

To help pay for this newsletter remember those business owners that allowed you to put a flyer in there business. See if they want to advertise in your newsletter a business size ad 1/3 page ad or whatever. You might also want to get an attorney or tax preparer to run a paid column each month even a dentist of doctor explaining things about their proffession and how to prevent illiness of tooth decay or whatever.

Now find the local business in the same area, place these same flyers in the business that will allow you, make sure you leave a card with all the business people you speak with. You will be able to find holders for your flyers at staples or Office Depot. You should visit these business owners at least twice a month to change your literture and just to make sure your holder is neat and in order and still full.

Once your flyers have been placed you should start assembling yourself a team of professionals that can help you in your business. You are not limited to these but you need an attorney, a loan officer (Not one that work in your office if your office do loans as well as real estate-but an independent, there are things you will be doing with this person that perhaps you can not do with one that is in your office), a title officer, a tax preparer or CPA, an escrow or closing officer (escrow officer) a home insurance agent, a notary and anyone else you think you need to assist you in your professional career. Now you should give them some of your business cards and you take some of their business cards. You should pass out their business cards to people that you run into that need their services. They should be willing to pass out your business cards to people they meet that might need your services. You should call or meet these individuals at least once per week.

This is not a quick way to get a listing but a way for you to establish yourself as an expert in real estate in your area. The listings will come as time goes on. Sell yourself.

I hope this has been of some use to you, good luck.

"FIGHT ON"

I want to have a realtor licence and go thru the training but I was wondering if it is a waste of time now. My cousin and my mom are wanting to sell there houses this year and I would love to do it for them. I am a stay at home mom with flexable hours for work. what do you think?

Before you ask this question, the most important question would be: Is this something you see yourself doing and loving doing?

If the answer is yes, then you have also answered the second question, but it is not easy to get a license, at least in the states that I have had a license in.

But one thing to keep in mind if you do become a real estate agent is to get signed up right away to complete Broker Price Opinions (BPO) this does several things for you.

1. It earns you spending cash and gas money till you start making sales.
2. It helps you to generate leads on possible properties that may be going on the market in the near future.
3. You could get a listing from the company that orders the BPO.

I have just started completing BPO’s and have completed 5 for this company this week: Residential Values, Inc. www.resvalues.com

Haven’t been paid yet, so don’t know how long it takes to get paid and that is something that I hear makes a lot of difference in the companies. They say that they pay fast, we will see?

Good luck and I love the business, couldn’t imagine myself doing anything else.

Larry

Are there catches to buying foreclosed homes, then just purchasing a home that is offered through a Realtor on the market?

Realtors sell foreclosed homes every day. We can and do sell every home on the market.

Maybe your question was would it be better to buy a home that is in foreclosure (or one that has been foreclosed on) or to buy a home still owned by an individual.

I think the answer is to look at all the inventory. Don’t restrict yourself artificially. Pick the home that delivers the most home for your money.

My experience is that a huge number of people believe they should only look at foreclosure and so they end up spending much more than they should. The excitement of thinking you are getting a bargain makes people pay to much.

Your Realtor can show them all to you. At least in my area the HUD homes, the VA foreclosures and most of the bank owned homes are all in the MLS. That means you can search for them on the public websites! Your Realtor can help you, let him.